Liability of Trustee, Depositary and Registrar

The recitals of facts herein and in the Bonds contained shall be taken as statements of the Government, and neither the Trustee nor the Depositary nor the Registrar assumes any responsibility for the correctness of the same, or makes any representations as to the validity or sufficiency of this Indenture, of the Bonds, or any COL4/6/2022 CH. 22 GENERAL FISCAL POLICIES AND CONTROLS credit facility or pledge and assignment of Revenues hereon or shall incur any responsibility in respect thereof, other than in connection with the duties or obligations herein or in the Bonds assigned to or imposed upon them, respectively. The Registrar shall, however, be responsible for its representations contained in its certificate of authentication and registration on the Bonds. Neither the Trustee nor the Depositary nor the Registrar shall be liable in connection with the performance of their respective duties hereunder, except for their own respective negligence or willful misconduct. Any Fiduciary may become the owner of the Bonds with the same rights it would have if it were not a Fiduciary, and, to the extent permitted by law, may act as depositary for and permit any of their officers or directors to act as a member of, or in any other capacity with respect to, any committee formed to protect the rights of Bondholders, whether or not such committee shall represent the Holders of a majority in principal amount of the Bonds then Outstanding.